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Nelly Monserrate
The Guillermo Balda communal bank meets every fortnight in the Montecristi canton. This area is known for its rich pre-colonial culture and crafts which are recognised nationally and internationally. It is home of the famous Panama hat.

Nelly lives here. She is 51 years old. She is married, having five children from this relationship, four of whom are grown up now. Her youngest child is 15 years old and is going to school. She is the only one of her children still living at home. Nelly’s husband is a craftsman.

In order to earn her own income which she uses to improve her life, several years ago she set up a small grocery store. This store has grown over the years, and with the help of loans that she has received. At present as well as groceries, she also sells fruit, vegetables, ice-cream, some drinks and household items. She also sells all kinds of clothes from the shop, which is very profitable. She has been running the business for 13 years. Her husband and daughter help her out when they are not busy.

She is requesting this loan to buy supplies in order for the store to have even more stock. She has been a member since the communal bank started. She likes it as they have helped her to grow her business.

Her dream is to have another premises in the city.
View original language description ↓
EL Banco Comunal Guillermo Balda se reúne cada quince días en Cantón Montecristi, conocido por su rica cultura pre colonial y por su artesanía que es reconocida a nivel nacional e internacional. Lugar de los famosos sombreros de paja toquilla.

En este lugar vive la señora Nelly, tiene 51 años de edad, está casada y de esta relación tienen cinco hijos, cuatro de ellos ya son mayores de edad y una de 15 años que estudia en colegio y es la única que aún vive con ella. Su esposo es artesano.

Ella para conseguir sus propios ingresos y con esto poder salir adelante hace varios años surtió una pequeña tienda de víveres, la cual con el paso de los años y también con la ayuda de los créditos recibidos ha ido aumentando, en la actualidad además de víveres también vende frutas, legumbres, helados, ciertas bebidas y artículos de bazar, allí mismo también vende ropa de todo tipo lo cual le deja muy buenas ganancias, ella tiene 13 años con su negocio en el cual le ayuda su marido y su hija cuando están desocupados.

Este crédito es para comprar víveres y así surtir aún más su tienda. Está desde el inicio en el Banco Comunal y le gusta porque siempre le han ayudado a crecer en su negocio.

Su sueño es tener otro local en la ciudad.


About Ecuador

  • $10,200
    Average annual income
  • 67
    View loans »
    Ecuador Loans Fundraising
  • $23,510,575
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Nelly Monserrate to buy supplies.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 28, 2012
Listed
Feb 1, 2013
Currency Exchange Loss:
N/A
Ended:
Jun 17, 2013